Sweden: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Sweden

In 2021, the Swedish horizontal machining centre market decreased by -21.9% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption recorded a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Horizontal Machining Centre Production in Sweden

In value terms, horizontal machining centre production soared to $X in 2021 estimated in export price. Overall, production saw a noticeable increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 172% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports from Sweden

In 2021, exports of horizontal machining centres for working metal from Sweden soared to X units, growing by 79% against the year before. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 679%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, horizontal machining centre exports soared to $X in 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for horizontal machining centre exports from Sweden, with a 63% share of total exports. Moreover, horizontal machining centre exports to the United States exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was taken by Norway (X units), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +100.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+26.1% per year) and Norway (+28.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for horizontal machining centres for working metal exports from Sweden, comprising 64% of total exports. The second position in the ranking was taken by Turkey ($X), with a 21% share of total exports. It was followed by Norway, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +190.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+36.0% per year) and Norway (+23.3% per year).

Export Prices by Country

The average horizontal machining centre export price stood at $X per unit in 2021, picking up by 297% against the previous year. Over the period under review, the export price showed perceptible growth. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Denmark ($X per unit) and the United States ($X per unit), while the average price for exports to Turkey ($X per unit) and Norway ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Horizontal Machining Centre Imports

Imports into Sweden

In 2021, approx. X units of horizontal machining centres for working metal were imported into Sweden; which is down by -40.2% against the previous year's figure. In general, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, horizontal machining centre imports soared to $X in 2021. Overall, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X units), Germany (X units) and Japan (X units) were the main suppliers of horizontal machining centre imports to Sweden, with a combined 67% share of total imports. These countries were followed by the UK, Taiwan (Chinese), China, Poland and South Korea, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of horizontal machining centres for working metal to Sweden, comprising 55% of total imports. The second position in the ranking was held by Japan ($X), with a 15% share of total imports. It was followed by Belgium, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-2.6% per year) and Belgium (+4.0% per year).

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, picking up by 114% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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